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Question 2 3.33 pts EFG Company has an opportunity to invest in a new project. The project requires a $240,000 investment for new machinery with

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Question 2 3.33 pts EFG Company has an opportunity to invest in a new project. The project requires a $240,000 investment for new machinery with a four year life and no salvage value. After deducting the machine's straight-line depreciation expense, the company projects annual net incomes of $39.900 over the next four years. Assume the following Present Value Factors: PV of annuity, n = 1, i = 8%, 0.9259 PV of annuity, n = 2, i = 8%. 1.7833 PV of annuity, n-3,1 - 8%, 2.5711 PV of annuity.n 4. i = 8%, 3.3121 What is the project's net present value, if EFG's required rate of return is 8%? None of the answers are correct. $132.152.79 $330,878.79 -$107.847.21 $90,878.79 3.33 pts Question 3 EFG Company has an opportunity to invest in a new project. The project requires a $240,000 hage value After deducting the

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